Warriors’ $346 million spending spree at NBA owners’ meeting

The Golden State Warriors have an enviable mix of veteran stars and up-and-coming youngsters that make them the idyllic team kid to win now and in the future. It certainly helps that they have an owner in Joe Lacob willing to spend relentlessly to keep the team as competitive as possible.

The Warriors have Stephen Curry earning nearly $50 million — and worth every penny. The trio of Klay Thompson, Andrew Wiggins and Draymond Green combine for an impressive $100 million among the three next season. On top of that, the team has taken steps to re-sign Kevon Looney and also looks likely to lock down standout guard Jordan Poole.

That would put them neck-deep in the luxury tax with a punishing bill exceeding the actual payroll of other teams. It has certainly caught the attention of rival league owners and whether fair or not, calls into question whether parity still reigns given the defending champions are showing a complete lack of frugality.

According to NBA insider Marc Stein, the Warriors’ spending spree was one of the subjects entered on the roll during the NBA Board of Governors session as the NBA held the summer league in Las Vegas.

Among the main topics expected at today’s session of the NBA Board of Governors in Vegas: the league’s push for an in-season football-style tournament as early as 2023-24 and the debate over the disparity of the payroll resulting from the $346 million spent by Golden State last season on salary and luxury tax.

Warriors owner Joe Lacob himself has been aware of the whispers coming from across the league about their budget — or lack thereof.

It will be interesting to see how the NBA bigwigs try to appease the rest of the league with changes or leave them entirely. The Warriors operate under the same rules as all teams in the league. But it’s obviously easier to cut check after check when you own the league’s most profitable team and employ the league’s most marketable star in Stephen Curry.

Jessica C. Bell